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Question: You have a summer internship in New York City, but are responsible for your own housing. You have found a possible rental apartment on an internet site and are considering this option. Fully describe all parts of the risk management process and how you would apply each part (with specific examples) to make a decision whether or not to rent this apartment. Many answers accepted, but the answers should contain the following components:
All parts of the risk management process should be represented (identify, measure/analyze, select, implement/monitor)
Each part of the risk management process should be addressed with specific examples related to the rental of the NYC apartment
A decision must be made on whether or not to rent the apartment
Your comments need to be logical, full (not lazy), and relate to the problem at hand
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